Market Overview:
The global deformed reinforcing steel bar market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for infrastructure, housing, and industrial projects across the globe. Additionally, rising awareness about safety and security is also propelling the demand for deformed reinforcing steel bars in various applications. Based on type, the global deformed reinforcing steel bar market can be segmented into deformed ribbed bars and deformed indented bars. Deformed ribbed bars are more popular than other types of deformations owing to their superior mechanical properties such as high tensile strength and ductility. They are mainly used in construction applications such as bridges, flyovers, stadiums, etc., where high-performance reinforcement is required.
Product Definition:
Deformed reinforcing bar is a type of steel bar with protrusions on its surface, which improve the bond between the bar and the concrete. This type of reinforcement is used in many applications, including foundations, slabs, and bridge decks.
Deformed Ribbed Bar:
Deformed ribbed bar is a kind of cold-rolled steel product, which has been used in construction industry for many years. It's the most common and traditional method to produce reinforcement bars for concrete structures. The deformation process makes the cross section of the metal tighter, so it provides higher strength as compared to conventional hot rolled steel products.
The global market size was estimated at USD 1,849 million in 2016.
Deformed Indented Bar:
The deformed indented bar is a special type of steel reinforcing bar which has been used in the construction industry for decades. The main function of this product is to provide additional support to the concrete during its formation process. It assists in providing uniformity and stability to the structure by enhancing its internal bond strength, thus resulting into a stable structure with reduced wastage.
Application Insights:
The infrastructure application segment accounted for the largest volume share of over 40% in 2017. The deformed bars are widely used in the infrastructure sector on account of their ability to reduce concrete compressive stress, thereby reducing the risk of damage to steel structures due to long-term exposure to high water pressure.
The housing application segment is expected register a CAGR around 7.0% from 2018 to 2030 owing to an increase in demand for low cost residential buildings coupled with rapid urbanization trends across various regions globally. In addition, favorable government policies and tax rebates offered on installing energy-efficient products are likely drive industry growth over the forecast period.
Industrial applications include chemical plants, power plants.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid infrastructure development in the region. The construction industry in Asia Pacific has grown at a significant rate over the past few years, which is likely to support demand for steel deformed bars over the forecast period.
North America accounted for 24% of global revenue share in 2017 and was followed by Europe, which accounted for 23%. The U.S., Germany, Italy and Russia are some of Europe’s major economies that are anticipated to drive product demand owing high economic growth along with government initiatives favoring infrastructure development such as High-Speed Rail (HSR) projects and airports expansion plans across various countries including France, Spain, Belgium & Netherlands among others).
Growth Factors:
- Increasing demand for deformed reinforcing steel bars from the construction industry as a result of rapid urbanization and industrialization in developing countries.
- Rising demand for deformed reinforcing steel bars in developed countries due to increasing public and private sector investments in infrastructure development projects.
- Growing use of deformed reinforcing steel bars in seismic-resistant construction projects, owing to their high tensile strength and ductility properties.
- Increasing preference for pre-stressed concrete over traditional reinforced concrete structures, which is driving the growth of the deformed reinforcing steel bar market globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Deformed Reinforcing Steel Bar Market Research Report
By Type
Deformed Ribbed Bar, Deformed Indented Bar
By Application
Infrastructure, Housing, Industrial, Others
By Companies
ArcelorMittal, Hesteel Group, Baowu Group, Shagang Group, SABIC, EVRAZ, Nucor, Emirates Steel, SteelAsia, Qatar Steel, Tata Steel, Celsa Steel, Commercial Metals Company, Steel Dynamics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
216
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Deformed Reinforcing Steel Bar Market Report Segments:
The global Deformed Reinforcing Steel Bar market is segmented on the basis of:
Types
Deformed Ribbed Bar, Deformed Indented Bar
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Infrastructure, Housing, Industrial, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ArcelorMittal
- Hesteel Group
- Baowu Group
- Shagang Group
- SABIC
- EVRAZ
- Nucor
- Emirates Steel
- SteelAsia
- Qatar Steel
- Tata Steel
- Celsa Steel
- Commercial Metals Company
- Steel Dynamics
Highlights of The Deformed Reinforcing Steel Bar Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Deformed Ribbed Bar
- Deformed Indented Bar
- By Application:
- Infrastructure
- Housing
- Industrial
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Deformed Reinforcing Steel Bar Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Deformed reinforcing steel bars are a type of bar that has been deformed during the manufacturing process. This can cause the bar to have an irregular shape, which makes it more resistant to damage.
Some of the key players operating in the deformed reinforcing steel bar market are ArcelorMittal, Hesteel Group, Baowu Group, Shagang Group, SABIC, EVRAZ, Nucor, Emirates Steel, SteelAsia, Qatar Steel, Tata Steel, Celsa Steel, Commercial Metals Company, Steel Dynamics.
The deformed reinforcing steel bar market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Deformed Reinforcing Steel Bar Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Deformed Reinforcing Steel Bar Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Deformed Reinforcing Steel Bar Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Deformed Reinforcing Steel Bar Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Deformed Reinforcing Steel Bar Market Size & Forecast, 2020-2028
4.5.1 Deformed Reinforcing Steel Bar Market Size and Y-o-Y Growth
4.5.2 Deformed Reinforcing Steel Bar Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Deformed Ribbed Bar
5.2.2 Deformed Indented Bar
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Infrastructure
6.2.2 Housing
6.2.3 Industrial
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Deformed Reinforcing Steel Bar Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Deformed Reinforcing Steel Bar Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Deformed Ribbed Bar
9.6.2 Deformed Indented Bar
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Infrastructure
9.10.2 Housing
9.10.3 Industrial
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Deformed Ribbed Bar
10.6.2 Deformed Indented Bar
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Infrastructure
10.10.2 Housing
10.10.3 Industrial
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Deformed Ribbed Bar
11.6.2 Deformed Indented Bar
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Infrastructure
11.10.2 Housing
11.10.3 Industrial
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Deformed Ribbed Bar
12.6.2 Deformed Indented Bar
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Infrastructure
12.10.2 Housing
12.10.3 Industrial
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Deformed Ribbed Bar
13.6.2 Deformed Indented Bar
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Infrastructure
13.10.2 Housing
13.10.3 Industrial
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Deformed Reinforcing Steel Bar Market: Competitive Dashboard
14.2 Global Deformed Reinforcing Steel Bar Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ArcelorMittal
14.3.2 Hesteel Group
14.3.3 Baowu Group
14.3.4 Shagang Group
14.3.5 SABIC
14.3.6 EVRAZ
14.3.7 Nucor
14.3.8 Emirates Steel
14.3.9 SteelAsia
14.3.10 Qatar Steel
14.3.11 Tata Steel
14.3.12 Celsa Steel
14.3.13 Commercial Metals Company
14.3.14 Steel Dynamics
